Intelligent Cost Estimator Software

A Comprehensive Supplier and Customer Costing Tool

AI-Powered Cost Intelligence Platform

Cost Lab Studio

"Understand Every Dollar. Control Every Cost."

Cost Drill Down

Cost Analytics

Commodity Intelligence

Margin Protection

How CLS Helps Stakeholders

Cost Lab Studio transforms cost data into actionable business intelligence, helping organizations analyze, monitor, simulate, and optimize product costs.

Cost Structure

Understand product cost structure

Commodity Trends

Track commodity price movements

Cost Drivers

Analyze major cost drivers

Predict Impact

Predict future cost impact

Profitability

Improve margins and profitability

Strategic Sourcing

Support sourcing decisions

Cost Breakdown Analysis

Visual decomposition of product cost into individual cost elements.

Raw Materials

Bought Out Parts

Multi-Level Processes

Labor

Overheads

Logistics

Packaging

Tooling

AI-Powered Insights

Cost Intelligence AI continuously analyzes product costing data and automatically highlights key business risks and opportunities.

Major Cost Drivers

Cost Anomalies

Unusual Variances

Commodity Risks

Margin Erosion Patterns

Why Cost Lab Studio?

Designed to deliver deep cost visibility, intelligence, and strategic decision support.

Deep Cost Drill Down

Commodity Intelligence

Multi-Level BOM Costing

AI-Powered Insights

ERP Integration

Executive Dashboards

Scenario Planning

Fast Deployment

Processes Covered

Die Stamping

CNC

Laser Cutting

Plating

Forming

Welding

Powder Coating

Tooling

Shearing

Deburring

Counter sink

Tapping

Masking

Orbital Riveting

Screen Printing

Buffing

Degreasing

Our Expertise

Supplier-Side Costing

Evaluate supplier quotations transparently and negotiate from a data-backed position.

Detailed raw material, conversion and overhead modelling
Should-cost benchmarking against supplier submissions
Process-level cost breakup
Commodity-linked price validation

Customer-Side Costing

Ensures commercial teams quote competitively while maintaining targeted margins.

Finished Goods (FG) and Part-Level costing
BOM-driven cost rollups
Margin analysis and profitability simulation
Sales quotation validation

Customization

Explore PRAXIS - a powerful customization platform designed to digitize and replicate your organization's existing costing formats into a structured, automated system. Transforms internal Excel-based or legacy costing templates into dynamic digital models.

ERP Integration

Seamlessly integrate with your existing ERP ecosystem to ensure synchronized data flow across platforms. Enable real-time collaboration through centralized dashboards, automated data exchange, master synchronization, and secure API connectivity.

ICE Integrated RFQ

An advanced RFQ platform seamlessly integrated with ICE to manage customer and supplier costings. Digitize enquiries, validate costs, control amendments, and streamline approvals ensuring faster turnaround, transparent comparisons, and margin-protected quotation.

Dashboards, Reports & Analytics

Cost Driver Indexation

Mass updation of indexation factor. Effective and time saving.

RM Change Impact Report

Quickly check the impact of RM price change without making actual changes.

Cost Comparisons

Compare costing across suppliers, customers and product models.

MHR - Techno Commercial Wizard

Machine Hour Rate calculation with depreciation, power & labour.

Norm Comparison

Compare norms across different processes and expenses.

RM Consumption

Analyse RM usage across plants, suppliers and commodities.

Cost History

Track historical costing with logs for transparency.

What-If Analysis

Run multiple scenarios to analyse pricing impact.

Modules Of Interest

Sheet Metal and Fabrication

Forging & Machining

Plastic Injection Moulding

Ferrous Casting

Non Ferrous Casting

Rubber Injection Moulding

Wiring Harness

Extrusion Rubber & Plastic

Intelligent Cost Estimator Software

Cost Lab Studio

How CLS Helps Stakeholders

Cost Structure

Commodity Trends

Cost Drivers

Predict Impact

Profitability

Strategic Sourcing

Cost Breakdown Analysis

Raw Materials

Bought Out Parts

Multi-Level Processes

Labor

Overheads

Logistics

Packaging

Tooling

AI-Powered Insights

Major Cost Drivers

Cost Anomalies

Unusual Variances

Commodity Risks

Margin Erosion Patterns

Why Cost Lab Studio?

Processes Covered

Our Expertise

Supplier-Side Costing

Customer-Side Costing

Customization

ERP Integration

ICE Integrated RFQ

Dashboards, Reports & Analytics

Cost Driver Indexation

RM Change Impact Report

Cost Comparisons

MHR - Techno Commercial Wizard

Norm Comparison

RM Consumption

Cost History

What-If Analysis

For Whom

Automotive OEM's

Auto Component Manufacturers

Engineering OEM's

Home Appliances Manufacturers

Electrical Equipment Manufacturers

Earthmoving & Agricultural Machinery

Salient Features

Modules Of Interest

Schedule A Demo

Have Queries?